02109 — Suffolk County, Massachusetts Market Snapshot

Housing market data for zip code 02109 in Suffolk County, Massachusetts. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

15 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$1,280,000

-7.6% YoYClosed sales

Days to Sell

43

Median, listing to close

Homes Sold

15

Closed in 2026

Inventory

18

Sale-to-List

97.0%

New Listings

31

Price/SqFt

$1,021

Pending Sales

20

Jumbo Loan Likely Needed

The median home in 02109 at $1,280,000 exceeds the 2026 conforming loan limit of $962,550 by $317,450. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Market Insights

Market Temperature

02109's market is balanced with homes taking an average of 43 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

The average home in 02109 sells for 3.0% below asking price (97.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

The median home in 02109 at $1,280,000 exceeds the 2026 conforming loan limit of $962,550 by $317,450. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Loan limits in 02109 are set at the county level.

2026 Loan Limits — Suffolk County

Property Units Conforming Limit FHA Limit
1 Unit$962,550$962,550
2 Units$1,232,250$1,232,250
3 Units$1,489,500$1,489,500
4 Units$1,851,100$1,851,100

Affordability Snapshot — Zip 02109

To purchase the median home at $1,280,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $9,957.

Monthly Payment

$9,957

Income Required

$426,726

Principal & Interest

$7,887/mo

Down Payment (5%)

$64,000

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 02109.

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Estimated Monthly Payment

$8,072

Principal & Interest$6,642
Property Tax$1,280
Insurance$150
Loan Amount$1,024,000
Total Interest$1,366,990
Income Required$345,927/yr

Jumbo loan required. Loan amount exceeds the $962,550 conforming limit for 02109.

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